Solve

A conducting rectangular loop moves with velocity y toward an infinitely long straight wire that carries a steady current I directed to the right. The wire lies horizontally, and the current flows along the positive horizontal axis. The rectangular loop is positioned above the wire and moves vertically downward with speed , as indicated by a downward green arrow. The Loop is not yet overlapping the wire but is approaching it. [| eo 1) In what direction is the induced current in the loop? clockwise counterclockwise There is no induced current in the loop